New Market is a town located in Frederick County, Maryland. New Market has a 2026 population of 1,650. New Market is currently growing at a rate of 1.29% annually and its population has increased by 8.13% since the most recent census, which recorded a population of 1,526 in 2020.
The median household income in New Market is $202,872 with a poverty rate of 0.75%. The median age in New Market is 36 years: 37.2 years for males, and 34.8 years for females. For every 100 females there are 110.1 males.
Data after 2023 is projected based on recent change
Overall: 36 years
Female: 34.8 years
Male: 37.2 years
There are 1,025 adults, (146 of whom are seniors) in New Market.
Female: 763 (47.6%)
Male: 840 (52.4%)
The racial composition of New Market includes 80.54% White, 5.61% Black or African American, and smaller percentages for Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 1,291 | 80.54% |
| Two or more races | 195 | 12.16% |
| Black or African American | 90 | 5.61% |
| Asian | 27 | 1.68% |
New Market 's average per capita income is $105,326. Household income levels show a median of $202,872. The poverty rate stands at 0.75%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $205,789 | - |
| Families | $204,537 | $226,538 |
| Households | $202,872 | $217,551 |
| Non Families | $50,750 | $133,231 |
Average Income
Median Household Income
Poverty Rate